Search results
Results from the WOW.Com Content Network
Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [1] The most important revenue sources include the income tax, social security contributions, corporate tax and the value added tax, which are all applied at the national level.
Single tax of circulation – is an annual tax on all vehicles registered in Portugal. This tax is aimed to make the drivers responsible for the emission of CO 2 and harming the environment. [5] [29] ADD-on STC – is to be paid for the most polluting new vehicles (purchased since January 2017) and for diesel vehicles. [30]
Since the 1980s, MIBC tax benefits have evolved. Their core principle is the reduction of the corporate tax rates in the Portuguese tax code. Under the current set of tax benefits applicable to the MIBC tax benefits, the applicable corporate income tax rate—known in Portugal as IRC—for licensed companies is 5% of taxable income. [19]
Taxation in Portugal ... 24.5%; 20% corporate tax plus a 4% Jehad tax plus a 0.5% tax on corporate income to pay for stamp duties [135] — — — Taxation in Libya
The total Finnish income tax includes the income tax dependable on the net salary, employee unemployment payment, and employer unemployment payment. [18] [19] The tax rate increases very progressively rapidly at 13 ke/year (from 25% to 48%) and at 29 ke/year to 55% and eventually reaches 67% at 83 ke/year, while little decreases at 127 ke/year ...
Types of Income Taxation in Portugal on Income of national Source Taxation in Portugal on Income from Foreign Source until 2020 Taxation in Portugal on Income from Foreign Source after 2020 Taxation In Portugal on Income from Blacklisted Jurisdictions; Pensions Up to 48% 0% 10% 10% Employment Income from High-Added Value Activities 20% 0% 0% 20%
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
In addition, non-habitual residents (NHRs) status holders do not benefit from personal income tax exemption on interests, dividends, capital gains, income from immovable property (rents), royalties, intellectual property income and business income) if: these are sourced from black-listed jurisdictions. [19]